The Bulgarian state has placed two 2.5 billion-euro loans on international markets with maturities of 10 and 30 years. The yield is 0.4% for 10-year bonds and 1.48% for 30-year bonds. This has been a record low interest rate ever received by the country, according to the position of the largest trade union in Bulgaria - CITUB.
According to us, this new debt is a serious request for state participation in the economy, especially in the conditions of an unprecedented economic crisis. According to CITUB, taking debt is not only timely, but also mandatory, because at the backdrop of declining GDP there was no one to take systematic risks except the state. This way processes such as mass bankruptcies and high unemployment would be avoided, the trade union added, BGNES reported
Bulgaria’s Minister of Foreign Affairs Georg Georgiev represented Bulgaria at the regular meeting of the EU Foreign Affairs Council in Brussels, the Ministry of Foreign Affairs reported. Minister Georgiev emphasized Bulgaria’s consistent..
According to the organisers of the Dir.bg website, the awards for the eighth edition of the Web Report ethical journalism competition will be presented at a ceremony on 21 May. The competition aims to showcase and reward journalistic excellence,..
On Wednesday, minimum temperatures will range from 8 to 14°C. In Sofia, it will be around 8°C. During the day, cloud cover will increase from west to east, with light rain possible in some western areas before noon. There is a heightened probability of..
Bulgaria’s President Rumen Radev met in Tokyo with Japan’s Prime Minister Shigeru Ishiba as part of his visit to Japan. Rumen Radev and Shigeru Ishiba..
Banking services in Bulgaria are among the most accessible in the EU, according to an analysis by the Association of Banks in Bulgaria . According to it,..
Only 2 kilometers remain to be built on the Bulgarian side of the railway corridor known as Corridor No. 8, which is intended to connect the Adriatic..
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